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Boosting IVF success rates behind City Fertility, CHA Healthcare deal

Julie-anne Sprague

The nation's fourth biggest IVF company, City Fertility, has experienced a 30 per cent jump in inquiries from gay couples since same-sex marriage was legalised in December, offering growth opportunities for a company already super-charging its ambitions following a lucrative deal to sell a controlling stake to Asian buyers.

City Fertility founding partner and chief executive Adnan Catakovic will see his roughly 20 per cent holding in the company fall to around 4 per cent after clinching a deal with South Korea's CHA Healthcare and Singapore Medical Group to sell 65 per cent of the company.

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Julie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Connect with Julie-anne on Twitter. Email Julie-anne at jsprague@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/boosting-ivf-success-rates-behind-city-fertility-cha-healthcare-deal-20180201-h0roe3